Dakota, a crypto-integrated business banking platform, has raised $12.5 million in Series A funding, backed by investors including CoinFund, 6th Man Ventures, Triton Ventures, Digital Currency Group, and others. The capital will fuel Dakota’s international expansion, product enhancements, and compliance upgrades as it redefines how businesses move and store money globally.

A Treasury-Led Approach to Stablecoin Banking

Dakota provides a modern treasury and payments solution for global businesses. What makes it stand out isn’t just crypto speed - it’s safety. Business funds are held entirely in short-term U.S. Treasuries, while users access money through traditional rails like ACH, Fedwire, SWIFT, and SEPA, or stablecoin networks like USDC. The result is real-time, cross-border money movement without sacrificing asset integrity or compliance.

With over 500 clients ranging from early-stage startups to multinational nonprofits, Dakota processes billions in annual payment volume - without operating like a typical fintech or crypto wallet. Their value proposition lies in giving users full control of funds, instant global reach, and strong protection from institutional or counterparty risk.

Invisible Infrastructure, Real Results

The core magic of Dakota’s model is its ability to make powerful infrastructure feel simple. For users, it looks and behaves like a sleek neobank. Under the hood, it's a deeply engineered system built around stablecoin rails and treasury yield strategies.

And here’s where the playbook gets tactical for other founders: Dakota didn’t start with surface-level features or UX polish. Instead, they focused relentlessly on solving a highly specific, extremely painful workflow - global treasury ops. Most startups would have tried to bolt crypto into existing banking UX. Dakota did the opposite: it embedded finance fundamentals into crypto architecture.

By working from the bottom up and solving for foundational pain (like managing currency, latency, and settlement risk), they’ve built an offering that becomes indispensable - not just attractive. The lesson? If you can build infrastructure that replaces anxiety with clarity, businesses won’t churn - they’ll expand.

Startups often look for the "killer feature" that wows. But in B2B infrastructure, the real moat is making something so critical to operations that it disappears into the background. Dakota’s customers aren’t excited because it’s flashy - they’re loyal because it just works, and no one else solves that core problem with the same level of trust and control.

Going Global: Scaling from Core to Periphery

Dakota is expanding rapidly beyond the U.S., with new coverage in the U.K., EU, Singapore, and Latin America. The goal is to offer a unified, USD-centric business banking experience across 100+ jurisdictions. As global finance regulations evolve to support stablecoin clarity, Dakota is already positioned as a compliance-first player with built-in transparency.

Corporate cards - virtual and physical - have also been rolled out with programmable spending controls, further streamlining finance for remote and distributed teams. These tools layer on top of the core treasury stack to give financial teams centralized visibility across geographies.

The Founding Team Behind the Platform

Dakota’s leadership team brings deep product and operational experience from firms like Coinbase, Square, and Airbnb. CEO Ryan Bozarth has long emphasized the broken nature of global business banking - specifically the high-friction, low-speed systems companies are forced to rely on.

Rather than chase a future where everyone uses crypto natively, Bozarth’s team is building software that uses blockchain beneath the surface to make dollars move like data, not like checks.

Investors Align on Vision, Not Just Hype

At a time when many crypto-adjacent startups are struggling for traction, Dakota stands out for aligning with global macro trends: dollarization, treasury safety, and instant finance infrastructure. Investors like CoinFund see the long-term value in creating programmable business accounts that blend yield, security, and borderless payments in one container.

Their conviction was bolstered by Dakota’s strong retention metrics, revenue momentum, and the fact that 80% of clients came through referrals or organic word of mouth - a testament to how mission-critical the platform has become for its users.

What’s Next for Dakota

With the Series A capital, Dakota plans to expand product automation, launch multi-currency treasury support, and strengthen APIs for integrations into enterprise finance stacks. Regulatory licensing, especially across high-growth fintech markets, will also be a focus in the coming quarters.

For now, Dakota continues to grow by doing something many fintech startups forget: respecting complexity while delivering simplicity. As businesses demand faster money movement with zero compromises on security or compliance, Dakota isn’t just in the right place - it’s built the rails the next wave of global finance will ride on.